(75 ILCS 5/5-3) (from Ch. 81, par. 5-3)
Sec. 5-3.
The corporate authorities on receiving the certificate of
the board of library trustees, as provided in Section 5-2, shall, in
its next annual appropriation ordinance or resolution, include the
amount so certified, and shall, for the amount so certified levy and
collect a tax to pay such with the other general taxes of the city,
village, incorporated town or township, and the proceeds of such tax
shall be paid over by the officer charged with the collection thereof to
the board of trustees of such library in cities, villages and
incorporated towns having a population of 50,000 inhabitants or less to
be applied by such board of trustees to the purpose for which such tax
was levied. Such levy shall not exceed .0833% of the value, as equalized
or assessed by the Department of Revenue, in any one
year, and shall not be levied for more than the number of years into
which the library board, in those cases where bonds are not issued as
provided in Section 5-2, has divided the cost of constructing a
building, or remodeling, repairing, improving an existing library
building or the erection of an addition thereto, or purchasing a site,
building or equipment, or to acquire library materials such as books,
periodicals, films, recordings and electronic data storage and retrieval
facilities in connection with either the purchase or construction of a
new library building or the expansion of an existing library building,
or any or all of these things. When collected as provided in this
Section the tax shall cease.
(Source: P.A. 84-770.)
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